A Lucrative Laundry Business You Would Love to Own!
About this business for saleA Lucrative Laundry Business You Would Love to Own!
This laundry business has been operating for about one year and a half as a single proprietorship. Reason for selling? The current owner lives in Makati and wants to concentrate on his other businesses which are located in south NCR.
Are you from the Quezon City/ San Juan area? You can have a better handle on this business!
This full-service laundry shop operates with two (2) full-time regular staff, and is ideally situated in the basement of an upscale condominium project for young and growing upper middle class families. This offers a unique commercial advantage to the business by providing a captive customer base among the building residents.
Also, since the condominium itself is centrally-located in the heart of a richly-populated community of high-rise residential condominium developments, the potential is indeed promising to grow the business through sufficient marketing and promotion of a pick-up and delivery service. A survey of four (4) nearby condominium developments depict an indication of market size potential which can be easily tapped.
According to the current owner, the existing customers of the laundry shop comprise only 15% of the building’s capacity in terms of number of residential units. Imagine the growth potential if this doubles to 30%, and the shop is able to capture a conservative 10% of the laundry business of the other four (4) condominium developments in the area? Easily, the total business could more than quadruple!
What are you waiting for!! Seize this lucrative business opportunity. Call now!!
+63 2 900 8000
+63 920 922 8090
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.